market with an annual growth rate of 1.5% in 2011. The industry has employed a total of 923‚196 people and has generated a sum of £127 billion in revenue (IBISWorld). Furthermore‚ more than 50% of the market share in the industry is controlled by TESCO‚ ASDA‚ Sainsbury’s and Morrisons (BBC). Porter (1980) illustrates in this analytical tool 5 variables that determine the attractiveness of an industry for organisations in terms of profitability in their immediate environment. Using the forces in this model
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There are mainly five key players in the supermarket industry- Tesco‚ Asda‚ Sainbury‚ Safeway and Morrisons (ChinaCCM). Thus‚ the supermarket industry in the UK could be described as an Oligopoly Market. Oligopolies lie between the definitions of perfect competition and pure monopoly. Firstly‚ there are several sellers but only a few big companies who have a large market share in the industry. In the UK‚ the five big supermarkets totally have 3/4th of the market share (123help me! com). Secondly
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Warren Heath. Sainsbury’s in Warren Heath is a local store to many people and is one of 3 J Sainsbury PLC stores in Ipswich and is run from the Sainsbury’s headquarters in London. J Sainsbury PLC has 3 main competitors‚ Tesco with 29.1% of the market‚ Asda with 16.8% of the market and Morrison’s with 11.3% of the market. Sainsbury’s PLC is a public limited company which means that the company has its own identity in law and the CEO‚ who is Mike Coupe‚ is not liable if the company goes in debt‚ because
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more stores across the states of Arkansas‚ Missouri‚ and Oklahoma. The company continued its rapid growth‚ and in 1991 opened the first international store in Mexico. Eight years later‚ Wal-Mart expanded to Great Britain with the acquisition of ASDA. "ASDA‚
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Public Employees: 2‚100‚000 Employee growth: 10.5% First store opened in 1962 by Samuel Walton and his brother J.L. (Bud) Walton in Roger‚ Arkansas. With more than 7‚250 stores‚ including Wal-Mart Super centers(US) and ASDA (UK)‚ make Wal-Mart the #1 retailer in the World. In 1999‚ ASDA Group plc is acquired for $10.8 billion. Tesco: The Statistics at present: Type of Company: Public Employees: 440‚061 Employee growth: 74.3% The first store was opened in 1929‚ in Middlesex. With 3‚956 stores in
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INDEX 1. Objective of the report--------------------------------------------- 3 2. Overview of UK grocery retail market-------------------------- 3 3. J Sainsbury’s plc---------------------------------------------------- 3 1. Management-------------------------------------------------------- 4 2. Sectors and geography-------------------------------------------4 3. Economy------------------------------------------------------------- 5 4. Wm Morrison supermarkets
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undeniable that the vast range of goods and services that supermarkets provide‚ and the prices at which they supply them‚ have been terribly successful. However‚ the growth and profitability of these companies – in particular‚ the four major chains‚ Asda‚ Morrisons‚ Sainsbury’s and Tesco – has been controversial. Many critics have argued that the supermarkets have exploited their dominant market position in a way that is contrary to the public interest. The principal responsibility for enforcing
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Figure 2) displays a picture of Hetherington High Street. It looks like a run-down part of the high street that has a charity shop and second hand shops. Further down the down there is a newly opened Tesco Express. A mile or two further there is an Asda and Sainsburys. Larger supermarkets here have brought in larger consumption and this takes us nicely into Chapter 2. Allen el at (2009) discusses in Chapter two how supermarkets have changed the way the produce their products. Today supermarkets
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expansion of the company‚ steady rise in company profits in recent years Weakness: • Company focus mostly on food products while the market share for daily goods‚ accessories and pharmaceutical are being over taken by competitors .i.e. Tesco‚ Asda • The economic crisis- means possible customers cannot afford to spend their income quickly and will prefer for a better value before making sale • The company as many other major supermarkets are essentially working in a negative working capital
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Morrisons was the last one out of Big Four to enter to online commerce. This is one of the reasons for the grocer’s trailing behind Asda‚ Tesco and Sainsbury’s. Before acquisition of Safeway‚ Morrisons was concentrated in Northern part of UK‚ and the deal helped it to establish presence in Southern part of UK‚ though it could not overwhelm its competitors. Morrisons operates lesser convenience stores than its rivals since originally it was mainly focused on large supermarkets with less attention
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